PLANO - Amid its $16.6 billion acquisition by Nokia, Alcatel-Lucent is preparing to move into a new regional headquarters building that will help streamline its operations.

The company currently operates out of two buildings at its Plano campus. Its current footprint is about 500,000 sf. It plans to sell the properties, including the land on which the new facility will be built, for an undisclosed amount to an undisclosed buyer.

The 260,000-sf building, at the corner of Lotus Dr. and Independence Parkway, is expected to open at the end of August on the same plot of land and will serve as the central operations facility in Plano for the company.